ElliottWaveBro

ElliottWaveBro

wave ((iii)) of 3 of (3) begins

ElliottWaveBro

Possible read for week interval

ElliottWaveBro

My wave count suggests we finished correction of wave ((ii)) of 3 of (5) NASDAQ:DBX

ElliottWaveBro

Probable possibility Expecting Minor Wave C to complete Intermediate Wave (2) An equal A to C aligns with the 50% of (1)

ElliottWaveBro

Correction hit the 38.2% Possible nested wave one of a fifth of intermediate degree I believe to be upside from now on, volume is relatively low but it should pick up leading to earnings day. My target remains the same but time frame changed, I expect it to continue to go up after earnings, unless the price raises drastically which is very unlikely.

ElliottWaveBro

Wave (4) correction complete: Five waves ABCDE ( I labeled WXYXZ) Correction ended on a Zigzag with ((c)) truncated fifth wave After that we see an impulsive wave one, labeled as i Wave iii broke past the resistance of the triangle and reached the 1.618 of wave i, this is clear confirmation of change of the trend, we now begin Wave (5) Sorry all my previous...

ElliottWaveBro

We could be looking at a completed third wave and the beginning of corrective wave 4 at around $6.83

ElliottWaveBro

Possible/Probable wave count and outcome for corrective Wave (2) Either way I think it'll retrace to the 61.8% or 50% If A is not complete, then it'll go lower, 38.2%

ElliottWaveBro

Probable/Possible wave count and targets

ElliottWaveBro

We could possibly be seeing the first waves of the impulse, Wave (5). My bet is on a completed correction Wave (4) Probable/possible target for upcoming waves were labeled.

ElliottWaveBro

This is an update to all my previous allegedly completed correction charts I called it done too soon Hopefully it is done now... Practice labeling, learning as we go.

ElliottWaveBro

Last two charts posted yesterday wave count was incorrect, it is easier to see the pattern once is complete, which is a Leading Diagonal for Wave 1. Up in five, target is now at least 41293 for Wave 3 (1.618 of Wave 1)

ElliottWaveBro

Possible correct wave count Target remains the same

ElliottWaveBro

Looking at a possible nested wave ones, the 1.618 of both 1 and ((i)) match target of 39647

ElliottWaveBro

This is the Wave (4) corrective pattern, a combination of two Expanded Flats, Double Three WXY From here I'm pretty confident it is goin up, but could be up in three waves for an X then side movement for another Flat Z OR up in five waves for wave 1 of (5) I believe this to be the end of correction so second scenario is most likely.

ElliottWaveBro

I believe this is the end of corrective Wave(4) Combination: Triple Three WXYXZ

ElliottWaveBro

Possible/Probable upside to complete last wave of the impulse

ElliottWaveBro

We are looking a possible corrective Wave (4) Support level at around $34k Possible sideways consolidation for more upside towards Wave (5) end of ③ Colored levels are Fibonacci Extensions Price hit a strong channel resistance level